Britain aiming for outline Brexit transition deal by first quarter 2018 - Davis

LONDON (Reuters) - Britain wants an outline agreement with the European Union on the transitional arrangements that will apply after it leaves the bloc by the first quarter of 2018, Brexit minister David Davis said on Wednesday.

"I would be aiming to get certainly the outlines of it agreed, if we could, in the first quarter (of 2018) ... but it's a negotiation," Davis told a parliamentary committee.

(Reporting by Andrew MacAskill, writing by William James, editing by Alistair Smout)